In the context of retirement savings plans, participation rates are higher when the default option is 'yes' (opt-out) compared to when the default is 'no' (opt-in), a phenomenon behavioral economics identifies as a nudge.

Authors

• Person: Beatty A, Moffitt R, Buttenheim A Organization: National Academies Press
  Development of Behavioral Economics - NCBI - NIH

Sources

• Development of Behavioral Economics - NCBI - NIH www.ncbi.nlm.nih.gov Beatty A, Moffitt R, Buttenheim A · National Academies Press via serper

Referenced by nodes (1)

• Un pequeño empujón concept